Buy now, pay later plans offer an attractive alternative to credit cards for consumers: They allow purchases to be split into short-term, typically interest-free installments. “Credit isn’t new. Credit’s been around for thousands of years and credit cards aren’t new. But they’ve had a hard time adapting to consumer needs,” said Michael Linford, chief operating…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | Reuters President Donald Trump said Saturday he is “ready to do major Sanctions on Russia” once all NATO countries have started “to do the same thing” and pause…
After a historic drought that paralyzed vessel transits through the Panama Canal, the Panama Canal Authority is moving ahead with major investments in new infrastructure to mitigate future droughts and the risk of low water levels that in recent years plagued the key global trade gateway. The Panama Canal depends on fresh water for its…
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters as Senate Democratic leaders hold a press conference following their weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Sept. 9, 2025. Elizabeth Frantz | Reuters Congressional Democrats are zeroing in on health care as a key sticking point in negotiations with the threat…
Scott Bessent, U.S. treasury secretary, in the Oval Office of the White House in Washington, D.C., on Aug. 6, 2025. Bonnie Cash | Bloomberg | Getty Images The search for the next Federal Reserve chair is continuing, with Treasury Secretary Scott Bessent taking point in meeting with several candidates on President Donald Trump’s short list….
US Secretary of the Treasury Scott Bessent speaks as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC on September 5, 2025. Mandel Ngan | Afp | Getty Images Treasury Secretary Scott Bessent said Sunday that he is “confident” that President Donald Trump’s tariff plan “will…
U.S. President Donald Trump looks on while signing executive orders during a press availability in the Oval Office of the White House on September 05, 2025 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images Americans’ views of President Donald Trump’s job performance remain negative amid a flurry of activity from his…
FILE PHOTO: U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal…
U.S. long-term borrowing costs came under pressure this week — but the bond market may still not be fully factoring in the fiscal challenge facing the world’s biggest economy, according to Nobel-winning economist Joseph Stiglitz. “I think we’ll be able to finance the U.S. government,” Stiglitz told CNBC’s Steve Sedgwick on Friday at the annual…
Signage at the Nidec Corp. Qingdao Industrial Park in Qingdao, China, on July 9, 2025. Bloomberg | Bloomberg | Getty Images Shares of Nidec Corp plunged as much as 22.44% Thursday, after the company announced a probe into alleged improper accounting at one of its subsidiaries. The creation of an independent third-party committee comes after…
